Does Delaware make sense for a one-person online business?

Delaware is popular for big companies because of its court system, but for a one-person online biz, it's often unnecessary. You'll pay higher franchise taxes and need a registered agent there. Your home state might be simpler and cheaper

I looked into Delaware for my consulting gig. The privacy isn't as great as people think—your name can still be found if you dig. Plus, you might have to foreign qualify in your home state anyway, so double the fees.

Privacy-wise, Wyoming or New Mexico might be better. They have strong LLC privacy laws, and lower fees. Delaware is more about corporate law, not privacy. If you're just a solo e-commerce, why not just use a Wyoming LLC?

I have a Delaware LLC for my online store, and honestly, its been fine. The annual franchise tax is $300, and my registered agent is $50/year. But I lso had to register in my home state, so it's double. If I could do it over, I'd probably just use my home state.

Delaware? For a one-man show? Unless you're planning to raise VC moNey or go public, it's a waste. Save your money and form in your state. Privacy can be achieved with a registered agent service anyway.

What about the annual report? Delaware requires one, and it's public. Not sure if that matters for privacy.

Wyoming is great for privacy. No annual report, no franchise tax, and members aren't public. I've had one for years. Just make sure you have a registered agent there. And if you're selling physical goods, you might need to register in your home state anyway.

Second Wyoming. But don't forget about sales sales tax nexus. If you're storing inventory in your home state, you'll likely need to register there too. Privacy is good, but compliance is key.

I wish I'd known about Wyoming before I set up in Delaware. Live and learn.

Delaware has its perks though. The Court of Chancery is predictable. But for a solo e-commerce, you're not likely to need that. Wyoming's simplicity wins for small fish.

Just don't forget that an LLC doesn't magically hide your name if you're the one signing contracts. You still need to be careful with what you put out there.

So many options. I'm in a similar boat. Let us know what you decide, OP.